1635 MARINE DRIVE, North Vancouver, British Columbia, V7P 1V1

MLS® # C8070477

Commercial For Sale In Norgate, North Vancouver, British Columbia

$3,980,000

None Beds

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1635 MARINE DRIVE, North Vancouver, British Columbia, V7P 1V1

$3,980,000

Property Information:

Embrace the epitome of urban investment in the heart of North Vancouvers Norgate community. Meticulously rebuilt from the studs out; this fully vacant mixed-use property boasts three modern residential units and two perfect sized retail spaces facing the busy Marine Drive. Each residential unit exudes contemporary elegance, offering spacious layouts and premium finishes to cater to the discerning urban renter. The retail spaces are primed for occupancy, complete with storage, HVAC and a built out washroom. Centrally located, this building enjoys unparalleled access to transportation, amenities, and a diverse array of dining and entertainment options. Benefit from North Vancouver's robust market fundamentals, including low vacancy rates, a burgeoning population, and upward pressure on rents strategically situated to capitalize on the city's thriving economy and dynamic community. (id:27)

Building Features:

Floor Space: 4290 sqft

Property Features:

Property Type: Retail
Built in: 1950
Floor Space (approx): 4290 Square Feet
Lot Size: 2953.00 Square Feet
Zoning: C9

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Notes:

Raman Bayanzadeh

Commercial Real Estate Broker / Personal Real Estate Corporation Raman Bayanzadeh Personal Real Estate Corporation Royal LePage Sussex *

Mobile:778.896.7592

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Pouria Nikravan

Vice-President Royal LePage Sussex *

Office:604.493.3002

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Chris Hayne

Royal LePage Sussex *

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Market Price Trends

Location of 1635 MARINE DRIVE, North Vancouver, British Columbia, V7P 1V1

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

40/100

Moderate

ClimateCheck®

Current data

This property, 1635 MARINE DRIVE , experiences 7 hot days per year at around 27.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 30.6 degrees Celsius.

Projected Avg. Temperature

Past

27.3℃

2050

30.6℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

98/100

High

ClimateCheck®

Current data

This property, 1635 MARINE DRIVE , experiences 13 significant 2-day storms per year, with about 717mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 829.7mm of precipitation per year.

Precipitation Per Storm

Past

717mm

2050

829.7mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1635 MARINE DRIVE, North Vancouver, British Columbia, V7P 1V1

Life Stage

Young Families

Employment Type

Service Sector/White Collar

Average Household Income

$116,784.21

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.24 %

High school certificate or equivalent

29.24 %

Apprenticeship trade certificate/diploma

5.43 %

College/non-university certificate

14.71 %

University certificate (below bachelor)

0.99 %

University Degree

39.4 %

Commuter

Travel To Work

By Car

60.84 %

By Public Transit

26.24 %

By Walking

8.98 %

By Bicycle

0.17 %

By Other Methods

3.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

44.68 %

Houses

55.32 %

Own Vs. Rent

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1635 MARINE DRIVE, North Vancouver, British Columbia, V7P 1V1 $3,980,000 MLS® # C8070477